Levels to Watch for Upside Reversal in NVDA
NVDA has hit the skids today, the second to final day of July, which leads me to believe this selling is month-end "book squaring." Be that as it may, my pattern work points to the next lower Target Windows at 98-102 and then to 95.50, which is where the July downleg will equal 1.62% of the distance traveled by the June downleg.
In either case, my pattern work will be looking for a powerful upside pivot reversal in NVDA somewhere in the 95 to 102 Target Window... Last is 105.24 off of an intraday low at 104.30...